The three-month rate started the week on a downward trend, dropping to 6.90% a year on Monday (March 13) from 6.91% a year on Friday (March 10), keeping the predominantly downtrend it has been on since the beginning of 2023, central bank data also show.
The three-month rate last went below the 7% threshold on July 13, 2022.
The six-month ROBOR used in calculating variable interests for mortgage loans in lei, stagnated at 7.23% on Monday and Tuesday from 7.26% on Friday.
The twelve-month ROBOR index, which represents the interest rate paid on loans in lei attracted by commercial banks from other commercial banks for a twelve-month period, decreased to 7.60% a year on Tuesday from 7.61% on Monday and 7.62% on Friday.
The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, grew to 5.71% starting January 1, 2023 from 4.06% at end-2022. The 5.71% level is computed based on data of the third quarter of 2022.